FAA Issues Guidance on the Use of Trusts for Aircraft Registration
Posted on Feb 17th, 2012
On February 8, 2012, the Federal Aviation Administration (“FAA”) issued a Notice of Proposed Policy Clarification for the Registration of Aircraft to U.S. Citizen Trustees in Situations Involving Non-U.S. Citizen Trustors and Beneficiaries (the “Notice”). The Notice is intended to address problems…
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